PENTAMASTER CORPORATION
PENTAMASTER is one of the laggard in ATE sector that has not rise that much compare with its peer.
The company share price recently bounce back from its 52 weeks all time low, and now trying to break out of it resistance level at RM4.40-4.50, just few days away from its Quarterly Earning Report.
if you are risk takers, can consider PENTA-C40 structured warrant with lowest strike price (RM4.70) and modest implied volatility that only expire in September 2024.
KLCI is riding into Bull Market holding 1600 level well, do not miss the run.
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AFCJAP OP : Miti: Semiconductor industry offers Malaysia chance for exponential growth
BATU KAWAN: The semiconductor industry presents Malaysia with a 'once-in-a-generation' opportunity for exponential economic growth and industry players are advised to capitalise on this billion-dollar sector.
Deputy Investment, Trade and Industry Minister (MITI) Liew Chin Tong said the government is paying close attention to the semiconductor industry, heralding it as the modern equivalent of oil, with a global value estimated at US$580 billion this year, projected to reach US$1 trillion by 2030. (US$1 = RM4.74).
"Every part of our lives is increasingly connected to semiconductors, whether it's our phones, cars, or smart cities.
"We believe Penang, Kulim, and Malaysia in general are playing important roles in this sector," he said in his speech at the opening ceremony of LAM Research’s automated warehouse, here.
AFCJAP OP : Topping up $PENTA-C41 (716041.MY)$ at 0.135 this morning. Hopefully soon can see you at RM5.00